Grail (GRAL) Tax Rate (2023 - 2026)
Grail (GRAL) posted Tax Rate of 26.93% for Q1 2026, up 80.91% quarter-over-quarter from 14.88% in Q4 2025, and down 53.0% year-on-year from 57.29% in Q1 2025.
Grail (GRAL) Tax Rate (2023 - 2026) Analysis & Trends
Grail (GRAL) has reported Tax Rate for 4 consecutive years, with 26.93% the latest figure, recorded in Q1 2026.
- Tax Rate for Q1 2026 came in at 26.93%, down 53.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 23.33% (up 1517.0% YoY), and the FY2025 annual result was 23.6%, up 1734.0% from the prior year.
- Tax Rate was 26.93% for Q1 2026 at Grail, up from 14.88% in the prior quarter.
- Over five years, Tax Rate peaked at 27.46% in Q1 2025 and troughed at 2.04% in Q4 2023.
- Average Tax Rate over 4 years is 15.49%, with a median of 19.23% recorded in 2025.
- Year-over-year, Tax Rate jumped 2505 bps in 2024 and plunged 868 bps in 2025.
- Over 4 years, Tax Rate stood at 2.85% in 2023, then surged by 727 bps to 23.57% in 2024, then sank by 37 bps to 14.88% in 2025, then jumped by 81 bps to 26.93% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 26.93% in Q1 2026, 14.88% in Q4 2025, and 25.05% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | 18.18% |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 4.04% |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 16.68% |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 21.66% |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | -0.35% |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 16.91% |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 17.99% |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 14.65% |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 19.17% |
| 10 | Grail | 2.77 Bn | 1.94 Bn | 10.12 Mn | 26.93% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 26.93% |
| Mar 31, 2026 | 26.93% |
| Dec 31, 2025 | 14.88% |
| Dec 31, 2025 | 14.88% |
| Sep 30, 2025 | 25.05% |
| Sep 30, 2025 | 25.05% |
| Jun 30, 2025 | 25.43% |
| Jun 30, 2025 | 25.43% |
| Mar 31, 2025 | 27.46% |
| Mar 31, 2025 | 27.46% |
| Dec 31, 2024 | 23.57% |
| Dec 31, 2024 | 23.57% |
| Sep 30, 2024 | 27.10% |
| Sep 30, 2024 | 27.10% |
| Jun 30, 2024 | 3.24% |
| Jun 30, 2024 | 3.24% |
| Mar 31, 2024 | 2.48% |
| Mar 31, 2024 | 2.48% |
| Dec 31, 2023 | 2.85% |
| Dec 31, 2023 | 2.85% |